Fannie Mae (FNMA)

[contrarian bull]

This contrarian bull did both. I sold 1000 shares of both fannie and freddie yesterday, and this morning I bought them back. Only made 20% on the round trip, but it's better than nothing which is what these companies have returned to shareholders over the last 12 years.

I'm eagerly awaiting the day they start paying dividends again. In the meantime, I've got my sell order in for those 2000 shares again. Don't worry that is a very small percentage of my holdings.

contrarian sell on Arnold love note to Freddie's Fannie